Content Curator | Updated on - Apr 8, 2026

YBN University, Ranchi offers a full-time Master of Philosophy (M.Phil.) in Finance, a research-oriented postgraduate programme designed to develop advanced analytical and research skills in the areas of financial management, investment analysis, corporate finance, banking, and related financial disciplines. The programme spans 1.5 years (3 semesters) and is conducted in full-time on-campus mode, requiring regular attendance for coursework, seminars, and dissertation work. The total fee for the programme is Rs. 1,03,000 for the entire duration. Seat intake is limited to ensure quality research supervision. The M.Phil. in Finance is popular among students aspiring to pursue a Ph.D., build a career in academia, or deepen their expertise in financial research and analysis.

Admissions for the 2026-27 session are expected to open in August 2026, with classes commencing in September 2026 (tentative). Selection is based on merit in the qualifying examination and/or a university-level Research Entrance Test (RET). Candidates are advised to check the official YBN University website (ybnu.ac.in) for the latest notifications.

Key Points

The M.Phil. (Finance) at YBN University is a full-time, campus-based research programme with a strong focus on dissertation writing and financial research.
YBN University offers M.Phil. in over 50 disciplines, making it one of the most diverse research programme providers in Jharkhand.
Candidates with UGC-NET/JRF qualifications may be given preference or exemption from the university entrance test.
The programme is regulated by YBN University, established under the Government of Jharkhand Act No. 15, 2017, and recognised by the UGC.
The small batch size ensures personalised mentorship and close interaction with faculty supervisors.

Official Link:

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Highlights
Fees
Admission
Scholarships
FAQs

YBN M.Phil. (Finance) Fees

The M.Phil. (Finance) programme at YBN University is among the most affordable research programmes in Jharkhand, with a total course fee of Rs. 1,03,000 for the entire 1.5-year duration. The fee structure includes a one-time admission fee, per-semester tuition fees, examination fees, and mandatory enrolment and registration charges. Hostel accommodation is available separately and is not mandatory for day scholars.

Fee Components

Fee Component	Amount (INR)
Tuition Fee (per semester x 3 semesters)	Rs. 90,000
Admission Fee (one-time)	Rs. 1,100
Enrolment Fee (one-time)	Rs. 1,000
Registration Fee (one-time)	Rs. 1,500
Examination Fee (per semester x 3 semesters)	Rs. 7,500
Miscellaneous/Other Charges	Rs. 1,900
Total Fees	Rs. 1,03,000

Hostel fees are charged separately at Rs. 60,000 to Rs. 70,000 per year and are not included in the total fees above, as hostel is optional.
Fees are payable semester-wise.
Caution/security deposit (if any) is refundable at the time of leaving the university.
Fee payment can be made via NEFT, Demand Draft, or online payment through the university portal.

YBN M.Phil. (Finance) Admission 2026-27

YBN University typically opens admissions for M.Phil. programmes in August each year, with the new academic session commencing in September. Selection for M.Phil. (Finance) is based on merit in the qualifying examination and/or performance in the university's Research Entrance Test (RET). Candidates holding UGC-NET/JRF qualifications may be given preference. The admission process is conducted online through the official university website.

Important Dates

Event	Tentative Date
Application/Registration Opens	August 4, 2026
Last Date for Registration	August 15, 2026
Research Entrance Test (RET), if applicable	August 2026 (Tentative)
Merit List / Selection Announcement	August 2026 (Tentative)
Orientation Programme	Last Week of August 2026
Classes Commence	First Week of September 2026

Entrance Exam Dates

There is no specific national-level entrance exam mandated for M.Phil. (Finance) admission at YBN University. Admission is primarily merit-based (qualifying exam marks) and/or through the university's own Research Entrance Test (RET). Candidates with UGC-NET qualification (Phase 1: December 31, 2025 to January 7, 2026; Phase 2: June 2026 Tentative) may be given preference or exemption from the university entrance test.

The dates mentioned above are tentative and subject to change.

Eligibility Criteria

Candidates must have passed a Master's degree (M.Com, MBA with Finance specialisation, or equivalent) from a recognised university with a minimum of 55% marks (50% for SC/ST/OBC candidates as per UGC norms).
Candidates appearing in the final year of their Master's programme may also apply provisionally, subject to fulfilling the eligibility criteria at the time of admission.
Candidates with UGC-NET/JRF or equivalent national-level research qualifications are preferred.

Admission Process

Visit the official YBN University website (ybnu.ac.in) and navigate to the Admissions section.
Fill out the online application form and upload required documents (10th, 12th, graduation, and post-graduation marksheets and certificates, UGC-NET scorecard if applicable).
Pay the application/registration fee online.
Appear for the Research Entrance Test (RET) conducted by the university, if applicable.
Attend the personal interview/viva, if shortlisted.
Check the merit list/selection list on the university portal.
Complete the admission formalities and pay the first-semester fee to confirm the seat.

YBN M.Phil. (Finance) Scholarships 2026-27

YBN University students can avail of several scholarships from both the university and government sources. These scholarships are particularly beneficial for students from economically weaker sections, SC/ST/OBC categories, and meritorious students. M.Phil. students enrolled in full-time programmes are eligible for government scholarships such as the NSP and E-Kalyan, subject to meeting the respective eligibility criteria.

Scholarship Details

Scholarship	Eligibility	Amount
E-Kalyan Scholarship (Jharkhand Government)	SC/ST/OBC students domiciled in Jharkhand, enrolled in recognised full-time programmes, family income below prescribed limit	Variable (covers tuition and other fees as per government norms)
National Scholarship Portal (PM-USP / NSP)	Students in AICTE/UGC-recognised UG/PG courses, parental income up to Rs. 4.5 Lakhs per annum, minimum 80% in qualifying exam	Up to Rs. 82,000 per annum
UGC National Scholarship for Postgraduate Studies	First-time PG/M.Phil. students under 30 years of age, enrolled in UGC-recognised full-time programmes	Rs. 10,000 per year (or Rs. 15,000 per month for JRF holders)
YBN University Internal Scholarship	Merit-based, as per university norms	Variable (up to Rs. 5.7 Lakhs per student as per university claims)

E-Kalyan scholarships are available through the Jharkhand government portal (ekalyan.cgg.gov.in) and require Jharkhand domicile.
NSP applications are typically accepted until October 30 each year; students must apply promptly after admission.
UGC scholarship eligibility and amounts are subject to UGC guidelines for the respective academic year.
Students are advised to check the official scholarship portals for the latest eligibility criteria and application deadlines.

YBN M.Phil. (Finance) FAQs

Ques. Is the M.Phil. (Finance) programme at YBN University recognised by UGC?

Ans. Yes, YBN University is established under the Government of Jharkhand Act No. 15, 2017, and is recognised by the UGC. The M.Phil. programme is offered in compliance with UGC regulations. Students are advised to verify the current UGC recognition status directly from the UGC website (ugc.ac.in) before applying.

Ques. What is the difference between M.Phil. (Finance) and MBA (Finance) at YBN University?

Ans. The M.Phil. (Finance) is a research-oriented programme focused on academic research, dissertation writing, and scholarly inquiry in finance. The MBA (Finance) is a professional management programme focused on practical skills, industry exposure, and managerial competencies. M.Phil. is suited for those aspiring to academic or research careers, while MBA is suited for those targeting industry roles.

Ques. Is UGC-NET mandatory for admission to M.Phil. (Finance) at YBN University?

Ans. No, UGC-NET is not mandatory for M.Phil. admission at YBN University. Admission is primarily based on merit in the qualifying examination and/or the university's Research Entrance Test (RET). However, candidates with UGC-NET/JRF qualifications are given preference and may be exempted from the university entrance test.

Ques. What career options are available after completing M.Phil. (Finance) from YBN University?

Ans. An M.Phil. in Finance opens doors to careers in academia (as a lecturer or assistant professor after clearing UGC-NET), financial research, investment analysis, banking, and government finance services. The degree also serves as a strong foundation for pursuing a Ph.D. in Finance or related disciplines.

Ques. Can I pursue M.Phil. (Finance) at YBN University after completing MBA?

Ans. Yes, candidates with an MBA (with Finance specialisation) or M.Com degree with a minimum of 55% marks are eligible to apply for M.Phil. (Finance) at YBN University. The M.Phil. provides an opportunity to deepen research skills beyond the professional MBA programme.

Ques. What is the scope of M.Phil. (Finance) in Jharkhand and nearby regions?

Ans. Jharkhand has a growing number of colleges and universities where commerce and finance faculty are in demand. M.Phil. (Finance) holders are eligible to apply for assistant professor positions in colleges (subject to UGC norms), and the degree is also valued in government finance departments, banking sector research roles, and competitive examinations.